Virtual Currency News｜Investing in Virtual Currencies from Facebook's Libra, the Cryptocurrency that the World is Focusing On［Ohira］

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Trading history in FX since 2009, and cryptocurrency since 2015. Leveraging cryptocurrency investments and past experience, currently delivering cryptocurrency information on major newsletter sites and investment sites. Participates in numerous individual investor networks and shares knowledge gained from many investors. Running a cryptocurrency investment information site observable to beginners since 2016.

Blog:The Potential of Cryptocurrency for the Future - Investment Methods for Beginners to Earn

*This article is a reprint/edit of FX攻略.com October 2019 issue. Please note that the market information stated in the text may differ from the current market.

Facebook's Libra Cryptocurrency

Facebook is the world's largest social network service, headquartered in California, USA. It has about 2.7 billion monthly users. To put that in perspective, Twitter has 360 million and Instagram has 1 billion users.

Mark Zuckerberg, the CEO of Facebook, has long stated that he wants to confirm what blockchain, the technology underlying cryptocurrency (digital assets), is and whether it is a technology that can benefit society. In June 2019, Facebook released a white paper (specification) on Libra, which became a global topic.

In July of the following year, a hearing was held in the U.S. Congress, where David Marcus, CEO of Facebook's subsidiary Calibra, faced tough questions from lawmakers. Libra, Facebook's own cryptocurrency, has had such a significant global impact.